According to the new market research report by IMARC Group, the global dispersing agents market size reached US$ 6.3 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 9.0 Billion by 2027, exhibiting a growth rate (CAGR) of 6.1% during 2022-2027.
Dispersing agents or dispersants represent chemical additives that are utilized to decrease the viscosity of an aqueous medium and allow suspension of solid material in it. They comprise of a combination of various chemicals, including acrylic acid, polycarboxylate, lignosulfonates, naphthalene sulfonate, etc., which have strong adaptability to pigments and liquid surfaces. The main function of the dispersing agents is to provide separation of particles in a mixture, avert clumping or settling of mass, and facilitate smooth spreading of the liquid over numerous surfaces. Consequently, they find widespread applications across several sectors, such as oil and gas, automotive, paper, construction, detergents, agriculture, etc.
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Dispersing Agents Market Trends:
The growing oil drilling and exploration activities and the escalating demand for effective dispersants to clean and control oil spills in the ocean are primarily driving the dispersing agents market. In addition to this, the shifting preferences toward the product in the construction sector to slow down the process of coagulation and permit each particle of cement to stay detached, thereby offering enhanced spreadability, are also positively influencing the market growth. Moreover, the increasing focus among the leading market players on research and development (R&D) activities to innovate new asphaltene and paraffin-based dispersants that ensure an uninterrupted flow of liquid through pipelines are acting as significant growth-inducing factors. Apart from this, the expanding automobile production across the globe and the elevating requirement for the low foam-based products in the paints and coating industry to produce stable pigment formulations are expected to propel the dispersing agents market over the forecasted period.
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The report cover the below key market segments:
Breakup by Product Type:
- Suspension
- Solution
- Colloid
- Powder
- Others
Breakup by Application:
- Construction
- Automotive
- Detergents
- Oil and Gas
- Paints and Coatings
- Pulp and Paper
- Others
Breakup by Weight:
- Low Molecular Weight Dispersants
- High Molecular Weight Dispersants
- Advanced High Molecular Weight Dispersants
- Oligomeric Dispersants
Breakup by Region:
- Asia Pacific
- Europe
- North America
- Middle East and Africa
- Latin America
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Air Products and Chemicals, Inc., ALTANA AG, Cera-Chem Pvt. Ltd., CHRYSO SAS, Clariant Ltd., Arkema group, Ashland Inc., BASF SE, Croda International Plc, Emerald Performance Materials, LLC, Solvay SA, Elementis Plc, Evonik Industries AG, Gruppo Chimico Dalton SpA, and King Industries, Inc.
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